President rips ‚Too Late‘ Powell: ‚He is unbelievable!!! Europe has lowered NINE TIMES!‘
The Federal Reserve announced Wednesday in its fourth meeting of 2025 that it would continue to hold interest rates steady.
The Fed’s decision to maintain its target range at 4.25% to 4.5% met economists’ expectations. The central bank similarly decided to hold interest rates steady in its previous three meetings of 2025.
President Donald Trump has repeatedly called for Federal Reserve Chair Jerome Powell to lower interest rates in recent months, referring to him as “too late Powell” in a June 4 Truth Social post.
